After facing a massive debt crunch in November, Iris Energy announced on Monday that its hash rate is recovering to pre-FTX levels. Over the coming months, the Bitcoin mining firm’s self-mining capac...
Tag: Rate
Traders Capitulate, Abandoning Fed Rate Cut Bets After CPI Spike
(Bloomberg) — Bond traders were once again forced to rethink the Federal Reserve’s path after inflation data showed prices remain stubbornly high. They now expect the Fed to continue raising int...
Stock Market Swings After Inflation Fuels Uncertainty Over Fed Rate Hikes
Topline Stocks stumbled Tuesday after data revealed inflation isn’t slowing down as quickly as economists expected—ushering in volatility that many experts predict will only continue in the coming mon...
Iris Energy to nearly triple hash rate with estimated 44,000 new BTC miners
Australia-based Bitcoin (BTC) mining company Iris Energy has revealed it will nearly triple its mining capacity with the addition of thousands of mining rigs. On Feb. 13 the firm said it purchased an ...
Bloomberg Analyst Issues Warning, Says Bitcoin Facing Massive Threat From Rate Hikes and Recession
Bloomberg Intelligence senior macro strategist Mike McGlone is warning Bitcoin (BTC) traders to avoid fighting the U.S. Federal Reserve. McGlone warns his 54,500 Twitter followers that BTC is still fa...
Inflation could ease faster than Fed believes, reducing need for rate hikes, easing recession risk
Could inflation ease more swiftly than the Federal Reserve expects? Consumer price increases have pulled back sharply in recent months but Fed Chair Jerome Powell says further declines to the Fed’s 2%...
Shiba Inu (SHIB) Burn Rate Shows 1,000% Spike, Here’s Why
Arman Shirinyan Shiba Inu’s burn rate is on rise once again despite most recent drop in network activity Shiba Inu (SHIB), a popular cryptocurrency token, has shown a significant increase in its...
Public miners increased Bitcoin production, hash rate in January
The first production update of 2023 from publicly listed Bitcoin (BTC) mining companies shows a steady increase in hash rate and a surge in BTC production compared to the previous month, according to ...
Shiba Inu Burn Rate Spikes 1,364% as Following Happened to SHIB
Yuri Molchan Today, burn rate of Shiba Inu showed major spike after SHIB lead dev spread word about Shibarium Recently published by the Shibburn tracking platform data shows that over the last 24 hour...
Shiba Inu (SHIB) Price Jump Explored: Burn Rate And Market Factors
Join Our Telegram channel to stay up to date on breaking news coverage What – Shiba Inu has been displaying a bullish trend since this week, with a nearly 11% price spike over the past seven (7) days....
Bitcoin Hash Rate Taps New High, But It’s Nowhere Near Bullish This Time ⋆ ZyCrypto
Advertisement     For many Bitcoin investors, an increase in Bitcoin’s hashrate is a positive sign for the network. Analysts also attach the metrics to a bullish signa...
Bitcoin Slumps Below $23,000 As Investors Assess Impact of Federal Reserve Interest Rate Moves ⋆ ZyCrypto
Advertisement     Bitcoin continued to slide Friday after losing support at the $23,000 level on Sunday. At press time, the largest cryptocurrency by market capitaliza...
Mohamed El-Erian Sees Inflation Sticking Around 3-4%; Here Are 2 ‘Strong Buy’ Dividend Stocks That Easily Beat That Rate
While the Fed eventually applied an almost unheard-of aggressive approach in its efforts to quell inflation, it took its time in doing so, ignoring the initial data. Noted economist Mohamed El-Erian s...
Mini Crypto Rally Follows Key Benchmark Interest Rate Announcements ⋆ ZyCrypto
Advertisement     The crypto markets rallied within 24 hours following the much-anticipated round of recent interest rate announcements by key central banks, with the ...
Gold Coins Help Zimbabwe Achieve ‘Price and Exchange Rate Stability’ — Central Bank – Africa Bitcoin News
The Reserve Bank of Zimbabwe recently revealed that some 25,188 of its value-preserving gold coins were sold between July 2022 and Jan. 13. According to the central bank governor, John Mangudya, the g...
Federal Reserve Officials Say More Interest Rate Hikes Are Needed to Curb Inflation
– Advertisement – Several Federal Reserve governors and presidents say that more interest rate hikes are needed to curb inflation. “We are not done yet with raising interest rates,” Fed Go...
Here Is Why SHIB Burn Rate Is On A Choppy Ride, Shiba Inu Price
Even though the crypto market opened the year on a bullish note, the start of February has not been a smooth ride. In the last seven days the crypto market led by Bitcoin has experienced a major pull ...
Should You Stop Believing in a ‘Safe’ Withdrawal Rate for Retirement? Even the 4% Rule Presents Risk
Should You Stop Believing in a ‘Safe’ Withdrawal Rate for Retirement? Is the idea of the “safe” withdrawal rate nothing more than the Tooth Fairy of the retirement planning ind...
Crypto Market Falls As Fed’s Williams Support 5-5.25% Rate Hike
The broader crypto market losses earlier gains as U.S. Federal Reserve Bank of New York President John Williams agreed that Fed officials forecast rates in a range between 5 and 5.25% for the year 202...
Lowering the inflation rate will take longer, Powell says
Jerome H. Powell, Chair of the Board of Governors of the Federal Reserve System, said that the labor market’s strength is why lowering the inflation rate will take longer and require higher interest r...
ETH Nears $1,700, Fed Prepared to Maintain Rate Hikes – Market Updates Bitcoin News
Ethereum closed in on the $1,700 level on Wednesday, as markets reacted to comments from U.S. Federal Reserve Chair Jerome Powell. Speaking after Tuesday’s session, Powell hinted that the Fed could co...
Powell Says Further Rate Hikes Needed and Markets Take Heed
(Bloomberg) — Federal Reserve Chair Jerome Powell stuck to his message that interest rates need to keep rising to quash inflation and this time, the bond market listened. Most Read from Bloomber...
Inflation Target, Interest Rate Rise
Jerome Powell Speech: US Federal Reserve Chairman Jerome Powell said the FOMC wanted to send the disinflation stage message, although the process is in the early stages. He said the Fed thought about ...
Powell Warns Another Hot Jobs Report Could Trigger More Rate Hikes—Here’s What That Means For The Stock Market
Topline Stocks whipsawed Tuesday after Federal Reserve chairman Jerome Powell said further increases to the federal funds rate may be necessary to tame inflation, heightening fears over the central ba...
Weekly Shiba Inu Burns Look Feeble, But SHIB Burn Rate Jumps 150% Overnight
Yuri Molchan Less than $1,000 worth of Shiba Inu tokens have been excluded from supply in circulation over last seven days Over the last week, the Shiba Inu community managed to remove around 50 milli...
What’s The US’ Projected Inflation Rate In 2023?
Getty Getty Key takeaways Inflation has decreased in the US six months in a row, a sign that the Fed’s aggressive interest rate-raising approach is working Stock markets have enjoyed a brief bump than...
Fed’s Neel Kashkari says central bank has not made enough progress, keeping his rate outlook
Minneapolis Federal Reserve President Neel Kashkari said Tuesday that explosive jobs growth in January is evidence that the central bank has more work to do when it comes to taming inflation. That mea...
Here’s How Shiba Inu (SHIB) Burn Rate Reacts to 20% Price Spike
Arman Shirinyan Shiba Inu’s most recent price performance did not cause surge in burning volume Despite the 20% price spike of Shiba Inu on the market in the last seven days, the burn rate of th...
The Impact of Fed’s Interest Rate Hike on Cryptocurrencies
The Fed’s 0.25% interest rate hike noted a modest growth in the cryptocurrencies. Meanwhile, in January the Federal bank regulatory highlights key risks for banking organizations associated with crypt...